Allspring Multi-Sector Income Fund
ERC
56 hedge funds and large institutions have $46M invested in Allspring Multi-Sector Income Fund in 2022 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 16 increasing their positions, 18 reducing their positions, and 11 closing their positions.
18% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 11
2% more funds holding
Funds holding: 55 → 56 (+1)
3.12% less ownership
Funds ownership: 18.87% → 15.75% (-3.1%)
11% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 18
34% less capital invested
Capital invested by funds: $70.1M → $46M (-$24.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.95M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.93M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.8M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.18M |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$1.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$17.2M |
| 2 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
-$2M |
| 3 |
Cohen & Steers
New York
|
-$1.75M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.2M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$334K |
ERC Hedge Fund Activity: Q1 2022 in Review
56 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Allspring Multi-Sector Income Fund (ERC) for Q1 2022, worth a combined $46M — down 34% from $70.1M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new ERC positions and 11 closed out — a net gain of 2 holders — while 16 added to existing stakes and 18 trimmed.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $2.95M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $17.2M.
- 56 institutional investors held Allspring Multi-Sector Income Fund (ERC) as of Q1 2022, up from 55 in Q4 2021.
- Funds reported $46M of Allspring Multi-Sector Income Fund stock for Q1 2022, down 34% quarter-over-quarter.
- 13 funds opened new Allspring Multi-Sector Income Fund positions in Q1 2022 and 11 closed out, a net change of +2 holders.
- The largest Allspring Multi-Sector Income Fund buyer in Q1 2022 was Rivernorth Capital Management, an estimated $2.95M added.
- The largest Allspring Multi-Sector Income Fund seller in Q1 2022 was Raymond James Financial Services Advisors, an estimated $17.2M sold.
Based on aggregated 13F filings for Q1 2022.